1. we Find the Summary table "Imports, exports and trade balance of goods on a balance-of-payments basis, by country or country grouping" to answer the questions below.

Questions


1.How has the amount of Canada's total exports to the United States changed over the last five year?

2. Of Canada's total exports, approximately what percentage did the United States purchase in the most recent year?
a) 20% b) 40% c) 60% d) over 80%

3. Based on data in this table, describe the pattern of exports to Japan, compared with exports to the United States, over the last five years.

4. Which is larger — our total exports or total imports with the United States

5.Did Canada have a trade surplus (we exported more from them than we imported) or a trade deficit (we imported more from them than we exported) with the United States in the most recent year shown?

B. Identifying Canada's major exports using Summary tables

Canada's major export products have changed over time. In the table below, rank the list of products in the order you expect, from highest to lowest value of exports (in $) in column A.
  1. In Summary tables find the table "Exports of goods on a balance-of-payments basis, by product."
  2. With the most recent year shown, fill in column B in the table below, listing the actual rankings.
  3. Looking at the data over the last five years, fill in column C in the table below, indicating whether it has been increasing, decreasing or remaining stable over time.

Canada's major exports
Product
A

  • Your estimated ranking value of exports
  • highest (1) to lowest (6)
B

  • Actual ranking value of exports for the most recent year
  • highest (1) to lowest (6)
C

  • Trend in exports of this product over the last five years (increasing, decreasing, or stable)
>
Wheat

Natural gas

Lumber and
sawmill products

Newsprint and other
paper and paperboard
products

Aircraft and other
transportation equipment

Motor vehicle parts

  1. Outline a possible reason for the trend in exports for any one of these products.

Answers


1. The United States bought less each year from Canada but in 2011 USA bought a little more from Canada

2. over 80%

3. Japan started at 10 000 000 and pretty much stayed at that until 2009 when it dropped to 8 000 000 for united states it was 3 000 000 000 and dropped at 2009 and went to 2 000 000 000 and rise at 2011 to 3 000 000 000.

4. we exported more to united states more than we imported.

5. we had a trade surplus.